Arlington, Va. — Lidl US plans to open 25 grocery stores on the East Coast by spring 2020. The 25 stores will be located in Virginia, South Carolina, North Carolina, Maryland, New Jersey, Pennsylvania and New York, including the first
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Richmond, Va. — Bogese Cos. has sold The Shoppes at Belvedere, a 22,577-square-foot shopping center in Richmond, for $5.7 million. The shopping center was 90 percent leased to nine tenants at the time of the sale, including Firebirds Wood Fire
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Virginia Beach, Va. — Armada Hoffler will acquire Red Mill Commons and Marketplace at Hilltop in Virginia Beach, Virginia, for a combined $105 million from local retail developer Venture Realty Group. As part of the acquisition, Armada Hoffler will exchange
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Virginia Beach, Va. — Alex Divaris, executive vice president of Divaris Real Estate Inc., died April 8 due to complications from colon cancer. He was 40 years old. Divaris assisted local, regional and national investors, users and sellers in the
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Springfield, Va. — Federal Realty Investment Trust has unveiled plans to redevelop Old Keene Mill, a 90,000-square-foot shopping center in Springfield, Virginia. Whole Foods Market, Planet Fitness and Walgreens anchor the center, which is situated at the corner of Old
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Fairfax, Va. — Federal Realty Investment Trust has purchased Fairfax Junction, a 75,000-square-foot retail center in Fairfax, Virginia, for $22.5 million.
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Roanoke, Va. — Quantum Real Estate Advisors has arranged the sale of two properties occupied by Walgreens in Roanoke, Virginia.
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Chesterfield County, Va. —Klein Enterprises has acquired two shopping centers located less than 20 miles southwest of Richmond in Chesterfield County.
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Culpeper, Va. — Heidenberg Properties Group (HPG) has acquired Culpeper Colonnade in Culpeper, located midway between Charlottesville and Washington, D.C.
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Vienna, Va.— MetLife Investment Management has provided a $156.2 million refinancing for Modera Avenir Place, a grocery-anchored mixed-use development in Vienna.
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Elkins and Summersville, W.Va. — Regency Properties has acquired three shopping centers in West Virginia totaling 319,194 square feet.
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Richmond, Va. — Cushman & Wakefield | Thalhimer has arranged the $6.2 million sale of two-property retail portfolio in Richmond.
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